Table 2-8 Table 2-8 Shows the Output Per Month of Month

question 114

Multiple Choice

Table 2-8
Table 2-8 shows the output per month of two people,Wilma and Betty.They can either devote their time to making marble statues or making marble benches.
-Refer to Table 2-8.Which of the following statements is true?

• A)Wilma has a comparative advantage in making both products.
• B)Betty has a comparative advantage in making both products.
• C)Betty has a comparative advantage in making statues and Wilma in making benches.
• D)Betty has a comparative advantage in making benches and Wilma in making statues.

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Definitions:

Social Conventions

Agreed-upon norms and practices that govern behavior within societies or groups.

Language

A system of spoken, written, or gestural symbols used by people to communicate thoughts, emotions, and information.

Dynamic Density

A concept introduced by Emile Durkheim referring to the frequency and intensity of interactions in a society, increasing with social evolution.

Social Organization

The structured arrangement of social relationships and institutions that collectively form the basis of society or within specific groups.